Track SQT token unlocks and vesting releases for SubQuery Network. View upcoming unlock dates, cliff schedules, and circulating supply impact.

Next Unlock Jul 23, 2026
Detailed breakdown of all scheduled SQT token unlocks
Track historical unlock events and their impact on price
The worst price drop in the 14 days after each SQT unlock.
Key questions and answers about SubQuery Network token unlocks and vesting schedule
SubQuery Network's token unlock schedule spans from February 22, 2024 to February 23, 2029 (~60 months), releasing a total of 10,000,000,000 SQT tokens across 61 unlock events. The initial circulating supply at TGE was 0% of total supply. As of now, 50.1% of all tokens have been unlocked.
SQT has a total supply of 10,000,000,000 tokens. As of July 2026, approximately 37.9% (3,786,738,541 tokens) are in circulation per market data, while 49.9% (4,987,241,670 tokens) remain locked per the vesting schedule.
The next SQT token unlock is scheduled for July 23, 2026 (in 17 days), releasing 186,975,000 tokens (1.9% of total supply). This unlock represents 3.7% of SubQuery Network's current market cap.
Recipient breakdown for this unlock:
Token unlocks increase circulating supply, which can create selling pressure. The largest upcoming SQT unlock releases 3.7% of market cap worth of tokens on July 23, 2026. In total, 32 upcoming unlocks will release 3,659,241,667 tokens (36.6% of total supply).
Larger unlocks relative to market cap tend to generate stronger selling pressure. Unlocks going to investors and insiders are often considered higher-risk for price impact than those going to community or ecosystem pools.
SQT token unlocks are distributed to 5 groups: Foundation, Private Investors, Insiders, Community, and Public Investors. The largest allocation (36.8%) goes to Foundation.
Foundation (36.8%) — 3,681,000,000 SQT:
Private Investors (34.8%) — 3,484,000,000 SQT:
Insiders (15%) — 1,500,000,000 SQT:
Community (9%) — 896,000,000 SQT:
Public Investors (4.4%) — 439,000,000 SQT:
All SQT tokens will be fully vested by February 23, 2029 approximately 32 months from now. Currently 50.1% of the total supply has been released, with 49.9% (4,987,241,670 tokens) remaining across 32 future unlock events.